EA for 2 MA CROSS WITH FIBONACCI RETRACEMENT ENTRY AND COUNTER ORDER

INPUTS

Moving Average 1

Mode – EMA
Period – 100

Price – Close

Moving Average 2
Mode – EMA

Period – 200

Price – Close

INDICATOR

Show Indicator – True/False

Show Fibonacci – True/False

Entry Lot Size – 0.01
Counter Lot Size – 0.03

Stop Loss – 20PIPS

Alerts
Sound – True/False
Popup – True/False
Notify Via Mobile MT4 – True/False

Email – True/False

Fibonacci Retracement

                FIBO LEVEL
                -0.5        Counter Order Take Profit
                0              Stop Loss / Counter Order

                1              Entry / Counter Order Stop Loss

                2              Entry Take Profit
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BUY SETUP
- MA100(2)<MA200(2) && MA100(1)>MA200(1)
Will Open a Buy Position. With Entry Lot Size. This Entry point is the Fibo Level “1”
- Stop Loss will be Fibo Level “0”

- Take Profit will be Fibo Level “2”

It will place a Sell Stop Order at Fibo Level “0” with Counter Lot Size.

- Stop Loss will be Fibo Level “1”

- Take Profit will be Fibo Level “-0/5”

EA will delete the SELL STOP ORDER if the price reach the Fibo Level “2” first.

SELL SETUP
- MA100(2)>MA200(2) && MA100(1)<MA200(1)
Will Open a Sell Position. With Entry Lot Size. This Entry point is the Fibo Level “1”
- Stop Loss will be Fibo Level “0”

- Take Profit will be Fibo Level “2”

It will place a Buy Stop Order at Fibo Level “0” with Counter Lot Size.

- Stop Loss will be Fibo Level “1”

- Take Profit will be Fibo Level “-0/5”

EA will delete the BUY STOP ORDER if the price reach the Fibo Level “2” first.
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FIBONACCI RETRACEMENT

BUY

LEVEL “1” - is the candle Close which is the Entry Level

LEVEL “0” – Candle Close Price minus Stop Loss Pips. (Ex. Stop Loss 20pips. Candle Close Price Level “1” is at 0.80200, Level “0”is at 0.80000)

BUT, if the iLow of that Candle Close is more than 20Pips, Level “0” will be at iLow instead.

SELL

LEVEL “1” - is the candle Close which is the Entry Level

LEVEL “0” – Candle Close Price plus Stop Loss Pips. (Ex. Stop Loss 20pips. Candle Close Price Level “1” is at 0.80200, Level “0”is at 0.80400)

BUT, if the iHigh of that Candle Close is more than 20Pips, Level “0” will be at iHigh instead.